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First Time Home Buyer 08 Recapture

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    #1

    First Time Home Buyer 08 Recapture

    Does the recapture payments start when filing the 2010 return. Am I correct on this.
    Tags: None
    #2
    Yes

    That is correct.
    If you loan someone $20 and never see them again, it was probably worth it.

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      #3
      Two different clients who took the $7,500 FTHB Loan have already split up.

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        #4
        Originally posted by BP. View Post
        Two different clients who took the $7,500 FTHB Loan have already split up.
        Same here. This is going to be a mess too. But when was taxes easy???
        SueBaby

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          #5
          Oh yea, my return is simple........

          Originally posted by SueBaby View Post
          Same here. This is going to be a mess too. But when was taxes easy???
          Heard that from any of your clients. Yep your return is so simple I should pay your mr/ms client for the privilige to prepare your tax return. Think you might have any clients go for that? : )

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